SUMMIT BRIDGE ACADEMY INC

EIN: 833825656 501(c)(3)

ST GEORGE, UT

Total Revenue
$15
Total Expenses
$86,972
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
UT
Principal Officer
STEVEN M DAY
Phone
4356739479
Tax Period
2024-01-01 to 2024-12-31

SUMMIT BRIDGE ACADEMY INC, founded in 2019, is a micro nonprofit that reported $15 in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $87K exceeded revenue, resulting in a 579713% operating deficit.

Mission

TO PROVIDE FUNDING AND FACILITIES FOR THE EDUCATION, DEVELOPMENT, AND ADVANCEMENT OF AT-RISK YOUTH AND YOUNG ADULTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $15
Other Revenue $0
TOTAL REVENUE $15

Expense Breakdown

Grants Paid $84,552
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $84,562
Other Expenses $2,420
TOTAL EXPENSES $86,972

Year-over-Year Comparison

2024 2023 Change
Revenue $15 $17,488 -1.0%
Expenses $86,972 $64,857 +0.3%
Net Income $-86,957 $-47,369 +0.8%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFERY J CLARK SECRETARY N/A
Officer Director
$0 $0 $0
STEVEN M DAY PRESIDENT N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $15 $86,972 No data $-86,957
2023 $17,488 $64,857 $86,957 $-47,369
2022 $5,146 $69,765 $134,326 $-64,619
2021 $143,124 $123,270 $198,954 $19,854
2020 $104 $69,053 $179,100 $-68,949
2019 $250,000 $1,960 $248,196 $248,040
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